Axita Cotton IPO vs Shankar Lal Rampal Dye-Chem IPO

Comparison between Axita Cotton IPO and Shankar Lal Rampal Dye-Chem IPO.

IPO Details

Axita Cotton IPO is a SME Fixed Price IPO proposed to list at BSE SME while Shankar Lal Rampal Dye-Chem IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Axita Cotton IPO is up to ₹9.96 Cr whereas the issue size of the Shankar Lal Rampal Dye-Chem IPO is up to ₹6.93 Cr. The final issue price of Axita Cotton IPO is ₹60.00 per share and of Shankar Lal Rampal Dye-Chem IPO is ₹45.00 per share.

 Axita Cotton IPOShankar Lal Rampal Dye-Chem IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹60.00 per share₹45.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size2000 shares3000 shares
Fresh Issue Size16,60,000 shares15,39,000 shares
Fresh Issue Size (Amount)up to ₹9.96 Crup to ₹6.93 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total16,60,000 shares15,39,000 shares
Issue Size Total (Amount)up to ₹9.96 Crup to ₹6.93 Cr

IPO Timetable

Axita Cotton IPO opens on Dec 27, 2018, while Shankar Lal Rampal Dye-Chem IPO opens on Dec 12, 2018. The closing date of Axita Cotton IPO and Shankar Lal Rampal Dye-Chem IPO is Jan 02, 2019, and Dec 14, 2018, respectively.

Financials & KPIs

Axita Cotton IPO P/E ratio is , as compared to Shankar Lal Rampal Dye-Chem IPO P/E ratio of .

 Axita Cotton IPOShankar Lal Rampal Dye-Chem IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 201831 Mar 201831 Mar 201731 Mar 2016
Assets25.5622.2917.5113.87
Total Income21.22123.9291.5268.76
Profit After Tax0.330.820.030.12
EBITDA1.093.441.751.98
NET Worth3.503.162.352.30
Reserves and Surplus1.060.73-0.07-0.10
Total Borrowing16.6216.9614.9111.20
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 201831 Mar 201831 Mar 201731 Mar 2016
Assets49.1241.9510.549.71
Total Income40.8575.1729.1926.00
Profit After Tax1.520.960.110.10
Reserves and Surplus18.1116.596.196.08
Total Borrowing19.6913.232.411.70
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)73.26%72.99%
Market Cap₹39.31 Cr.₹26.99 Cr.

Shares Offered

In the Axita Cotton IPO Retail Individual Investors (RII) are offered 8,30,000 shares while in Shankar Lal Rampal Dye-Chem IPO retail investors are offered 8,30,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Axita Cotton IPO and 0 shares in Shankar Lal Rampal Dye-Chem IPO.

 Axita Cotton IPOShankar Lal Rampal Dye-Chem IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation92,000 shares81,000 shares
QIB0 shares0 shares
NII8,30,000 shares7,68,000 shares
RII8,30,000 shares7,71,000 shares
Employee0 shares0 shares
Total16,60,000 shares15,39,000 shares

Bids Received (Subscription)

Axita Cotton IPO subscribed 1.98x in total, whereas Shankar Lal Rampal Dye-Chem IPO subscribed 1.30x.

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Axita Cotton IPO Vs Shankar Lal Rampal Dye-Chem IPO